The Cointelegraph Press Review

Cointelegraph.com News

• FDIC acting chair says framework for stablecoin laws coming this month
  FDIC acting chair Travis Hill will inform the House Financial Services Committee that the regulator plans to propose how it will apply the GENIUS Act this month. The US Federal Deposit Insurance Corporation will propose a framework for implementing US stablecoin laws later this month, according to its acting chair, Travis Hill.“The FDIC has begun […]
• Bitcoin miner Canaan plans adaptive green-energy mining platform
  Canaan has been steadily investing in renewable energy projects, with a gas-to-computing pilot in Canada and a deal to deploy miners at a wind-powered data center in Texas. Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the […]
• Bollinger Bands suggest Bitcoin bottom won’t fall under $55K
  A crypto analyst used Bollinger Bands and RSI data to argue Bitcoin’s bear market bottom will not pass under $55,000. A crypto analyst argues that maximum pain for Bitcoin this cycle will be a fall to $55,000, based on technical indicators — rather than the $35,000 that some predict. A fall to $35,000, as predicted by some, […]
• Ethereum ICO wallet moves $120M after a decade, throws it into staking
  Fears tend to mount whenever an OG crypto whale starts shifting funds, but this one used it to double down on the blockchain network. Another Ethereum whale has just woken from dormancy after a decade of silence — but rather than sell, the whale has deployed its entire stash into staking. The Ether (ETH) wallet holds […]
• BitMine buys $70M ETH while Tom Lee revises Bitcoin prediction
  BitMine now holds over $10 billion in Ether, doubling down on its strategy to accumulate 5% of the supply despite being underwater on its total position. BitMine Immersion Technologies has acquired another 23,773 Ether over the past three days amid the current market slump, as its chairman pushed back his prediction on Bitcoin’s all-time high. […]
• Ethereum devs work on ‘Secret Santa’ protocol to power privacy
  A Solidity engineer proposed a protocol earlier this year using zero-knowledge proofs and transaction relayers to enable a Secret Santa-like feature on Ethereum. Ethereum researchers are working on ways to deploy a protocol they first introduced earlier this year, which could supercharge privacy with zero-knowledge proofs.Ethereum developer Artem Chystiakov shared his research on the Ethereum […]
• CZ’s YZi Labs moves to take over board of flatlining BNB treasury
  YZi Labs has asked CEA Industries shareholders to support its move to shake up the BNB treasury company’s board and install its pick of directors. Binance founder Changpeng Zhao’s YZi Labs has launched a bid to stack the board of a BNB buying company it helped to bankroll with its own nominees, citing “destruction” of […]